Walkability Makes Housing More Expensive
A new study shows that improving streets with widened sidewalks, better lighting and other walkability measures can increase the nearby home value as much as $50,000.
Shops and restaurants also benefit from walkability, says the study conducted by the Transport for London Urban Design team, which states:
"There is a strong qualitative case for investment in urban realm improvements. As part of a mix of policies, urban realm improvements can encourage walking, improve health outcomes, benefit the environment, reduce congestion, enhance social cohesion and assist local economies."
Full Story:
Published on Monday, April 25, 2011 in
- $14 Billion Deal for Texas High-Speed Rail Construction
- Envisioning the 'Soft City'
- Stop Giving Away Valuable Public Assets! A Fiduciary Obligation for Road and Parking Pricing
- Inclusionary Zoning Vetoed in San Diego
- First-Time Home Buyers Look Different Than They Once Did
- Las Vegas Faces a Challenging and Uncertain Environmental Future
- Frequencies Restored on L.A.'s Expo Line After Rider Backlash
- Digital Transportation: The Future of Urban Mobility
- 2021 Opening Expected for San Francisco's Central Subway
- Watch What Happens When Parking Disappears From an Amsterdam Street
- Planning a New Subway to San Francisco's 'Sleepy' West Side
- Austin Lowers Speed Limits to Increase Traffic Safety
- Riverfront Revitalization Takes Shape in Covington
- Angie Schmitt Moves on From Streetsblog USA
- Amazon Moving in at Former Pontiac Silverdome Site
- Food Deserts Need the Right Kinds of Supermarkets
- Did the Outlook for Electric Vehicle Sales in U.S. Just Nosedive?
- New York Resilience Plan to Get Second Opinion
- A First-Even Feral Cat Count in Toronto
- Fewer Places for Mobile Home Parks to Stay
